1. The shares were issued to the reporting person pursuant to the STAG Industrial, Inc.'s 2011 Equity Incentive Plan in lieu of quarterly fees of $12,500 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended October 10, 2013, which was $19.88.

/s/ Kathryn Arnone, Attorney-in-Fact

10/15/2013

** Signature of Reporting Person

Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person,
see
Instruction
4
(b)(v).